The financial sector is characterised by increasing deregulation, particularly with regard to foreign ownership, driven by Thailand's membership of the ASEAN Economic Community. Banking sector asset growth is set to recover to around 5% during 2017, and the insurance sector will continue to grow at a fairly robust pace thanks to rising incomes, growing regional trade and a generally expanding economy, underpinned by access to capital and expertise. Stock market activity is underpinned by a steady stream of IPOs. Domestic asset managers are so far retaining a competitive edge through their dominance of distribution channels, but foreign competition is increasing Thailand's banking sector asset growth has been subdued by the fall-out from rapid unwinding of the consumer loan boom in the aftermath of the global financial crisis, but is set to recover to around 5% during 2017. The sector is characterised by increasing deregulation, particularly with regard to foreign ownership, driven by Thailand's membership of the ASEAN Economic Community. Thai Banks are also setting their sights overseas, especially in the Greater Mekong region.

BMI Industry View

Banking & Financial Services Industry View

Table: Financial Services Forecasts (Thailand 2015-2020)

Table: Financial Services Forecasts (Thailand 2021-2026)

SWOT

Banking & Financial Services

Banking

Banking Snapshot

Forecast Scenario

Table: Key Banking Forecasts (Thailand 2015-2021)

Forecast Tables

Table: Assets Forecasts (Thailand 2015-2020)

Table: Assets Forecasts (Thailand 2021-2026)

Table: Liabilities Forecasts (Thailand 2015-2020)

Table: Liabilities Forecasts (Thailand 2021-2026)

Table: Key Ratios Forecasts (Thailand 2015-2026)

Competitive Landscape

Table: Top 10 Commercial And Retail Banks By Total Assets, THBmn

Table: Top 10 Banks - Asset Quality

Table: Top 10 Banks - Earnings & Profitability

Table: Top 10 Banks - Capital & Leverage

Table: Top 10 Banks - Funding & Liquidity

Regulatory Environment

Insurance

Insurance Snapshot

Table: Gross Insurance Premiums Written (Thailand 2015-2020)

Table: Gross Insurance Premiums Written (Thailand 2021-2026)

Competitive Landscape

Table: Top 10 Life Insurance Companies By Gross Premiums, USDmn

Table: Top 10 Non-Life Insurance Companies By Gross Premiums, USDmn

Regulatory Environment

Asset Management

Asset Management Snapshot

Competitive Landscape

Regulatory Environment

Stock Exchanges

Stock Exchanges Snapshot

Competitive Landscape

Regulatory Environment

Macroeconomic Overview

Economic Analysis

Macroeconomic Forecasts

Table: Macroeconomic Indicators (Thailand 2016-2026)

Household Income Forecasts

Table: Household Income Data (Thailand 2015-2021)

Demographic Forecast

Demographic Outlook

Table: Population Headline Indicators (Thailand 1990-2025)

Table: Key Population Ratios (Thailand 1990-2025)

Table: Urban/Rural Population & Life Expectancy (Thailand 1990-2025)

Table: Population By Age Group (Thailand 1990-2025)

Table: Population By Age Group % (Thailand 1990-2025)

Methodology

Industry Forecast Methodology

Sector-Specific Methodology

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.